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The primary body responsible for processing IPO's is the Registrar of a Public Issue. They are registered financial institutions with SEBI and stock markets. These individuals are appointed by companies going public.
A registrar is responsible to process IPO applications, allocate shares to applicants based on SEBI guidelines, process refunds through ECS/cheque, and transfer allocated shares to investors Demat.
Open a demat account through us and get the account opening charges waived off
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